Hong Kong cracks down on alleged HK$700 million renovation bid-rigging syndicate

South China Morning PostCenter-RightEN 1 min read 100% complete by Lam Ka-singJanuary 29, 2026 at 11:04 AM

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The Competition Commission of Hong Kong has launched a two-day operation to crack down on a suspected bid-rigging syndicate involved in tenders for building maintenance projects worth HK$700 million (US$89.7 million). The investigation targeted 27 premises, including the offices of 14 companies and residences of individuals involved. The mastermind of the syndicate allegedly coordinated with a consultancy firm to manipulate tender results through deceptive means. The commission found that the syndicate arranged for contractors to submit "pig quotes" - bids with higher prices - to create a false impression of competition. The operation was carried out in response to renewed scrutiny following the deadly Tai Po blaze last November. The investigation is ongoing, and the identities of those involved have not been disclosed.

Key Entities & Roles

Key Player Opposition Context

United States Dollar 40% Hunter 50% Tai Po 60% Competition Commission ×280% Hong Kong 90%

Keywords

bid-rigging 100% construction sector 70% tender 70% renovation projects 60% competition commission 60% project contractor 50% consultancy firm 50% pig quotes 40% malpractice 40%